Situated just steps from the Red Deer River and in an up and coming area surrounded by newer development, this fully rented 4 plex is a great addition to any rental portfolio. The common areas and 3 of the 4 suites have been fully or nearly fully renovated including vinyl plank flooring, updated kitchens (3 suites) and bathrooms (2 suites), newer appliances, updated balconies, and newer windows and doors throughout the building. There are three 2 bedroom suites and one 1 bedroom suite, along with coin operated laundry and a central boiler that provides hot water heat to all suites and common areas. The boiler system is approximately 10 years old and is regularly serviced and there's a new hot water tank. Building offers a stucco exterior, concrete foundation, updated shingles, and lots of parking for tenants.
Address
5817 53 Avenue
List Price
$550,000
Property Type
Multi-Family
Type of Dwelling
4 plex
Transaction Type
Sale
Area
Red Deer
Sub-Area
Riverside Meadows
Floor Area
1,757 Sq. Ft.
Year Built
1978
MLS® Number
A2273129
Listing Brokerage
RE/MAX real estate central alberta
Postal Code
T4N 4L4
Zoning
DC (13)
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